JPMorgan Chase & Co. Reaffirms Overweight Rating for Entain (OTCMKTS:GMVHF)

Entain (OTCMKTS:GMVHF)‘s stock had its “overweight” rating restated by research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, The Fly reports.

Several other research firms have also issued reports on GMVHF. AlphaValue upgraded shares of Entain to a “reduce” rating in a report on Monday, June 28th. Berenberg Bank restated a “buy” rating on shares of Entain in a report on Thursday, August 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Entain in a report on Monday, July 5th. Jefferies Financial Group restated a “buy” rating on shares of Entain in a report on Tuesday, June 29th. Finally, Citigroup reaffirmed a “buy” rating on shares of Entain in a research report on Wednesday, July 14th. One equities research analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Entain presently has a consensus rating of “Buy”.

OTCMKTS GMVHF traded down $0.82 during trading hours on Thursday, reaching $33.31. The company’s stock had a trading volume of 8,167 shares, compared to its average volume of 2,651. Entain has a 52 week low of $10.76 and a 52 week high of $34.79. The firm has a fifty day simple moving average of $26.26 and a 200-day simple moving average of $24.17.

About Entain

Entain Plc engages in the provision of online sports betting and gaming. It operates through the following business segments: Online, UK Retail, European Retail, Corporate, and Other. The Other segment comprises betting and gaming activities from online and mobile operations, Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes and Sportingbet; Gaming Brands include Casino Club, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino.

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